{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-012975","form_type":"8-K","ticker":"FMFG","cik":"0001698022","company_name":"Farmers & Merchants Bancshares, Inc.","filed_at":"2024-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.643945+00:00","generated_at":"2026-06-03T09:44:55.235466+00:00","sec_items":["5.07"],"event_type":"other","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"confidence":"high","headline":"Farmers & Merchants Bancshares annual meeting elects directors, say-on-pay approved; future votes every 2 years","bullets":["Four director nominees elected with 1,473,994 to 1,585,499 votes cast for; broker non-votes of 237,426.","Non-binding say-on-pay resolution approved with 1,368,787 for, 224,196 against, 84,134 abstain.","Advisory vote on frequency of say-on-pay favored 2 years (1,116,350 votes) over 1 year (400,231).","Board decides future say-on-pay votes every 2 years, beginning with 2026 annual meeting.","Ratification of Yount, Hyde & Barbour as auditor for 2024 passed with 1,865,024 for, 4,372 against."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-012975","json":"https://secwatch.observer/filing/0001437749-24-012975.json","markdown":"https://secwatch.observer/filing/0001437749-24-012975.md","text":"https://secwatch.observer/filing/0001437749-24-012975.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1698022/000143774924012975/0001437749-24-012975-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1698022/000143774924012975/fmfg20240424_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T09:44:55.235466+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"401d26449be76fb4906649e8fe1d6994cc07427a","claim":"Farmers & Merchants Bancshares, Inc. shareholders approved Adoption of a non-binding advisory resolution approving the compensation paid to the Company’s named executive officers in 2023 at the 2024-04-23 meeting.","evidence_excerpt":"Proposal 2 – Adoption of a non-binding advisory resolution approving the compensation paid to the Company’s named executive officers in 2023 (the “Say-on-Pay Vote”): For Against Abstain Broker Non-Votes 1,368,787 224,196 84,134 237,426","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1698022/000143774924012975/0001437749-24-012975-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2024-04-23"}],"fact_type":"shareholder_vote"},{"claim_id":"68de87fd0345d43d7e464e72fe2b7ee30f602bf1","claim":"Farmers & Merchants Bancshares, Inc. shareholders approved Ratification of the Appointment of Yount, Hyde & Barbour, P.C. as the Company’s independent registered public accounting firm for 2024 at the 2024-04-23 meeting.","evidence_excerpt":"Proposal 4 – Ratification of the Appointment of Yount, Hyde & Barbour, P.C. as the Company’s independent registered public accounting firm for 2024: For Against Abstain Broker Non-Votes 1,865,024 4,372 45,147 -","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1698022/000143774924012975/0001437749-24-012975-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2024-04-23"}],"fact_type":"shareholder_vote"},{"claim_id":"db91416428933f437959bcbab9f50281b52c8d52","claim":"Farmers & Merchants Bancshares, Inc. shareholders approved Election of four nominees to serve on the Company’s Board of Directors at the 2024-04-23 meeting.","evidence_excerpt":"James R. Bosley, Jr. 2028 1,585,499 91,618 237,426 Ronald W. Hux 2028 1,583,072 94,045 237,426 Emily B. Miller 2028 1,476,545 200,572 237,426 Robert G. Pollokoff 2026 1,473,994 203,123 237,426","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1698022/000143774924012975/0001437749-24-012975-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2024-04-23"}],"fact_type":"shareholder_vote"},{"claim_id":"f1ac843a470b0100f4e116403944d9e5acd92aa3","claim":"Farmers & Merchants Bancshares, Inc. shareholders voted on Recommendation, by non-binding advisory vote, of the frequency of future Say-on-Pay Votes (every 1 year, every 2 years, or every 3 years) at the 2024-04-23 meeting.","evidence_excerpt":"Proposal 3 – Recommendation, by non-binding advisory vote, of the frequency of future Say-on-Pay Votes (every 1 year, every 2 years, or every 3 years): 1 Year 2 Years 3 Years Abstain Broker Non-Votes 400,231 1,116,350 73,559 86,977 237,426","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1698022/000143774924012975/0001437749-24-012975-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay frequency"},{"label":"Meeting","value":"2024-04-23"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}